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Monday, May 22, 2000, updated at 17:54(GMT+8)
Business  

Investment in Pudong Covers all Provinces

It is reported that the regions investing in Pudong area, a hi-tech zone in Shanghai city, have covered all provinces, municipalities, autonomous regions and special administrative regions across the country, including Hong Kong, Macao and Taiwan.

Latest statistics from economic and trade departments of Pudong New Area indicates that, the number of enterprises from other regions, not including Taiwan, Hong Kong and Macao, have reached to 5183, with the total registered fund about 20 billion yuan, among them Jiangsu, Zhejiang and Guangdong were the top three provinces.

During the recent one year, investments from other provinces in Pudong have displayed a tendency of group investing, with 16 big enterprises of over 1 hundred million registered fund or more than 5 hundred million gross sales. The Haier Group from Qingdao has set up 6 companies in Pudong, and ShanShan Group has moved its headquarter to the area. Besides, the Group of Harbin Industrial University and Wangxiang Group from Zhejiang province will also take big measures in investment.




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It is reported that the regions investing in Pudong area, a hi-tech zone in Shanghai city, have covered all provinces, municipalities, autonomous regions and special administrative regions across the country, including Hong Kong, Macao and Taiwan.

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